Steves Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2017, Steve adopted dollar-value LIFO and decided to use a single inventory pool. The companys January 1 inventory consists of:

Category		Quantity		Cost per Unit		Total Cost
Portable		5,700		$130		$ 741,000
Midsize		7,600		325		2,470,000
Flat-screen		2,900		520		1,508,000
		16,200				$4,719,000

During 2017, the company had the following purchases and sales.

Category		Quantity Purchased		Cost per Unit		Quantity Sold		Selling Price per Unit
Portable		15,300		$143		14,300		$195
Midsize		20,800		390		23,100		527
Flat-screen		10,400		650		5,700		780
		46,500				43,100

1-Calculate price index 2-Compute ending inventory, cost of goods sold, and gross profit. 3-"Assume the company uses three inventory pools instead of one. Repeat instruction (a)."